A2A, one of Italy's largest players in the energy transition, and Enfinity Global, a renewable-energy company, have signed a power-purchase agreement (PPA) for three of Enfinity's solar photovoltaic projects in the Lazio region of Italy, representing 97 megawatts of renewable-electricity capacity.
Listed on the Italian stock exchange, A2A manages the generation, sale and distribution of energy, as well as the sale and distribution of gas, district heating, waste cycle, electric mobility and smart services for cities, public lighting and integrated water service. A2A has planned €11 billion ($12 billion) of investments by 2030 to equip Italy with the infrastructure necessary for the energy transition.
Under the agreement, A2A will offtake some 160 gigawatt-hours of the renewable energy produced by the plants per year, the equivalent to the annual electricity consumption of approximately 64,000 families in Italy. This is expected to offset more than 60,000 tons of carb